Shareholder Resolutions for consideration at the 2022 AGM

ASX
Release


10 OCTOBER 2022

SHAREHOLDER RESOLUTIONS FOR CONSIDERATION AT THE WESTPAC
2022 AGM

Pursuant to ASX Listing Rule 3.17A, Westpac Banking Corporation (Westpac)
advises that it has received a notice under section 249N of the Corporations Act
from shareholders requesting resolutions for consideration at Westpac’s 2022
Annual General Meeting, to be held on Wednesday, 14 December 2022.

The accompanying statements from the shareholders requisitioning the resolutions
will be distributed with the Notice of Annual General Meeting.

Westpac’s Notice of Annual General Meeting will be published in November 2022
and will include the Board’s recommendation on each resolution to be considered at
the meeting.



For further information:

Hayden Cooper Andrew Bowden
Group Head of Media Relations General Manager, Investor Relations
M. 0402 393 619 M. 0438 284 863



This document has been authorised for release by Tim Hartin, Company Secretary.










Level 18, 275 Kent Street
Sydney, NSW, 2000

ATTACHMENT
Resolution 1 – Amendment to the Constitution
Insert into the Constitution in clause 7 ‘General meetings’ the following new sub-
clause 7.3A ‘Advisory resolutions’: “The Company in general meeting may by ordinary
resolution express an opinion or request information about the way in which a power
of the Company partially or exclusively vested in the Directors has been or should be
exercised. Such a resolution must relate to a material risk identified by the Directors
or the Company and cannot advocate action that would violate any law or relate to
any personal claim or grievance. Such a resolution is advisory only and does not bind
the Directors or the Company".

Resolution 2 – Climate Risk Safeguarding
Shareholders recognise the substantial transitional and physical risks of climate change
and their potential financial impacts on our company. We also note our company’s
support for the Paris climate change agreement and the goal of net-zero emissions by
2050. Shareholders therefore request the company disclose, in subsequent annual
reporting, information demonstrating how the company’s financing
1
will not be used for
the purposes of new or expanded fossil fuel projects.





1
Loans and syndication, structured finance and securitisation, sustainable finance, asset finance and leasing, leveraged
and acquisition finance, and project finance, as listed by Westpac: https://www.westpac.com.au/corporate-
banking/corporate-and-structured-finance/